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KRON (MyNetworkTV) 12
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KRON
Dec 28, 2012 6:00am PST
fiscal cliff. that's when automatic tax increases and spending cuts would take effect. reaching a deal before then what be easy. right now both sides are involved in a high-stakes political blame game. >> we in washington are working while the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president i would be happy to look at whatever he proposes but the truth is we're coming against a hard deadline here. i said this is a conversation we should have had months ago. >> former president george h. w. bush is still in intensive care at a hospital in houston with a stubborn fever. the family is, that he will be out of the i see you sound. the chief of staff said supporters a note yesterday including " he would ask me to tell you please put the sharks back in the closet " the 88 year- old has been in a hospital for more than a month after first coming down with bronchitis. >> a live look at the james lick and traffic is light. it is very cold and we will have updates on your
KRON
Dec 29, 2012 11:00pm PST
the country from going over the "fiscal cliff." if they don't reach a compromise by the stroke of midnight on the 31st, a combination of sweeping spending cuts and widespread tax increases will take effect in days. jessica yellin has the >> reporter: in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here at the white house, but all eyes were up on the senate where negotiators were trading deal points and revenue figures, to try to reach an agreement all sides can stomach. the base line for the president - any bipartisan bill would have to extend unemployment insurance benefits that would affect some two million americans. and it would have to increase taxes on the highest income earners. but negotiators could still work out exactly where those tax increases would hit and whether they would halt an increase in the estate tax. now in case that deal breaks down, the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor. that bill would increase taxes for households that
KRON
Dec 27, 2012 4:00am PST
of the so-called fiscal cliff, a series of tax hikes and spending cuts set to take effect in five days. >> there still seems to be no signs of a compromise acting congress and president obama. >> president obama return to washington to get the credit shortage of medication. is a video the president leaving. >> house and senate members are expected to reconvene today as well. >> without a budget agreement, automatic tax increase is for everyone in the spending cuts will be triggered in the new year. >> the main dispute continues to be over taxes. >>, of the kron 4 morning news changes are coming to a netflix starting next year. how the company wants to get users more connected socially and next. >> the web more attractive weather and headlines when we come back >> wexcome backed. >> time is 4:10. >> net flicks is adding more social features to it streaming media service in the u.s.. >> the company confirms that the congress passed a bill that drops restrictions on sharing user's video rental history. these revisions now with president obama signature before becoming law. >> lifting the
KRON
Dec 31, 2012 4:00am PST
will be checking in with erica in just a few minutes but before we get to erica let us talk about the fiscal cliff we are in the final hours from keeping lawmakers from going over that so- called fiscal cliff. >> economist there that the combination of automatic spending cuts and tax increases could trigger a new recession. >> and spencer explains how negotiations today must now overcome a " major setback. >> there will be part of it that i find disgusting rest principle which i may have to swallow in the name of compromise. be a rare session on capitol hill. >> the senate will come to order. >> as lawmakers try to avoid the so-called fiscal cliff. >> both sides agreed to push forward. >> i want everyone to know i am willing to go the distance. but i need a dance partner. >> vice-president joe biden departure for mcconnell. >> if is not resolved by midnight tonight tax increases will be for all americans. >> one mom said to me in michigan that is four months' worth of groceries. >> that is gas for me back and forth to work. >> democrats won higher taxes on americans earning more than two of the $5
KOFY
Dec 29, 2012 9:00pm PST
cliff. if a deal is note struck, tax hikes and budget cuts will kick in. it seems unlikely they can write a comprehensive budget bill in time. they are thinking of a fall back plan. >> president obama is urging congress to focus. >> i'm optimistic that an agreement can be achieved. >> at the white house friday the president and congressional leaders spent some 70 minutes in a negotiating session and agreed to keep talking. >> it was constructive. >> it was constructive. >> i'm hopeful and optimistic. >> as snow fell on mostly deserted washington, two sides continued bargaining. if there some on deal, president obama wants smaller bill extending tax cuts making $250,000 or less and continuing unemployment benefits for millions that will lose them. >> i believe such a proposal could pass both houses with bipartisan majorities as long as these leaders allow it to come to a vote. >> we can still avoid going over the fiscal cliff if the president and democratically controlled senate step forward to solve this problem and solve it now. >> frustration over the impasse runs from wall street
ABC
Dec 30, 2012 6:00am PST
moves closer and closer to the brink of that fiscal cliff with massive spending cuts and tax hikes set to automatically kick in. they are trying to come up with a last minute compromise. president said any bipartisan bill would have to extend unemployment benefits affecting some 2 million americans. it would also have to increase taxes on the highest income earners. >> just can't afford a politically self-inflicted wound to our economy. the economy is growing, but keeping it that way means that the folks you sent to washington have to do their jobs. >> the president's proposal to raise taxes on the top two percent of americans won't even pay one-third of the annual interest that's now owed on the massive $16 trillion debt. >>> the house returns tonight just one day before a deal needs to be reached. it's likely negotiators will be burning the midnight oil as the clock ticks down to 2013. >> much more on the fiscal cliff this morning on abc's "this week i charles shumer of new york and republican senator john kyle of arizona debate the last-minute efforts. that's coming up at 8:00 this
CBS
Dec 27, 2012 7:00am PST
sales was uncertainty about the fiscal cliff, tax hikes and spending cuts set to take effect next year. if lawmakers don't reach a deal to avoid it consumers could see higher taxes eating into their paychecks. even online sales suffered compared to past years of double-digit growth this year online holiday sales rose only about 8% compared to nearly 16% last year. lack of consumer confidence means this shopping season could be the weakest since the recession in 2008 when sales actually shrank. >> consumers need to have more confidence. right now it's more of an uncertain way for the first half of 2013 so i think everyone has thought going into the year. >> for businesses, the holiday shopping season officially ends december 31st, and retailers are hoping to salvage some profits by offering deep discounts until then. the president of the national retail federation is still optimistic. he estimates holiday sales growth will be about 3.5% to 4% this year. rebecca and jeff? >> thanks elaine. it's interesting, macy's and target report next week so we're going to hea
KRON
Dec 28, 2012 4:00am PST
will grow over the so-called " fiscal cliff. " that's when automatic tax increases and spending cuts could take effect. retain a deal before then will not be easy. because right now, both sides are involved in a high-stakes political blame game. >> we are here in washington working while the members of a house representatives are watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. i told the president that i would be happy to look at whatever he proposes but the truth is we are coming up against a hard deadline here and as i said this is a conversation we should have made months ago. democrats want to extend the bush era tax cuts to everyone except those americans making too much and $50,000 or more a year. many republicans remain against any tax increases. >> former president george h. w. bush is still in intensive care at a hospital in houston. the former president's family is confident that he will be out of i see you soon. if the former president's chief of staff since supporters a note yesterday including this ". " he wo
CBS
Dec 27, 2012 6:00pm PST
the "fiscal cliff" crisis. it's coming down to the wire only five days until we tumble over that cliff. as cbs reporter danielle nottingham says progress is slow. president obama cut short his holiday vacation and returned to the white house to work on a deal to avoid the "fiscal cliff." before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a democratic senate plan that extends tax cuts for families making less than $250,000 a year. >> that's the only option that is viable escape route. >> reporter: but republican leaders say it's up to democrats who control the senate and white house to avert the "fiscal cliff." >> republicans aren't about to write a blank check for anything senate
CBS
Dec 28, 2012 6:00am PST
to projects. they're not --you know, they are waiting to see what's going to happen with the "fiscal cliff." >> reporter: and hope is fading that congress can get a deal done before tax hikes and spending cuts kick in january 1. >> i am not optimistic. >> reporter: even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can happen now. >> reporter: under senate rules the only way a bill could make its way through the procedure hurdles in time is if every senator agrees not to slow the progress. the house will be back here sunday night giving them just more than 24 hours to vote on a
ABC
Dec 26, 2012 6:00pm PST
to meet tomorrow. the house, no plans to convene and no fiscal cliff negotiations have been scheduled. >> and taxpayers facing uncertainty as we head into the new year with the government on the edge of the fiscal cliff. >> for many of us, strategize might not apply this year. >> this is a different year, and there is unknown fate of two popular tax deductions for middle class. deductions for chairitable contribution asks and for home mortgages. when it comes to year end finances old rules may not add up this year. >> it's very difficult to do any type of tax planning and advising because nobody knows what is going to happen. >> much uncertainty centers around whether the united states is about to fall off that fiscal cliff. if that happens would it mean the end of the tear tax cuts. most believe taxes will go up next year. >> one of the things now is that people are advising people to get out of high dividend funds and move into tax exempt bonds that won't be taxed. >> the current negotiate yigs between the president and house speaker could mean the reduction of the general deduction
KRON
Dec 28, 2012 7:00am PST
four days to reach an agreement or you as a common goal of the so- called fiscal cliff we are here in washington working all the members of the house of rand representatives are all watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here until the president i would be happy to look at whatever he proposes but the truth is we are coming up against a hard deadline and as i said this to the conversation we should add months ago. >> democrats want to extend the bush era tax cuts to everyone except those americans making $250,000 or more year. >> many republicans are made against any tax increases. >> russian president of vladimir putin aside a bill banning americans from adopting russian children. >> the law also blocked dozens of russian children or currently in the adoption process by american families from leaving the country. >> putin says the bill is retaliation for an american law that calls for action against russian officials were found guilty of violating human rights. >> more than 60,000 russian children have been ad
KRON
Dec 26, 2012 8:00pm PST
cliff" -- a series of tax hikes and spending cuts set to take effect in six days. and there still seems to be no signs of compromise between congress president obama is cutting his holiday vacation in hawaii short. and will return to washington tomorrow. house and senate members are expected to reconvene tomorrow as well. without a budget agreement, automatic tax increases for everyone and deep spending cuts will be triggered in the new year. the main dispute continues to be over taxes. >> in national news. dallas cowboys nose tackle josh brent has been formally indicted on a charge of intoxication manslaughter. for the crash that killed a teammate. brent was arrested earlier this month after police say he flipped his car while speeding though a neighborhood in suburban dallas. brent survived the crash. but his friend and teammate. practice squad member jerry brown. died at a hospital. intoxication manslaughter carries a maximum sentence of 20 years in prison. no court dates have been set. >> right now parts of the country are dealing with the aftermath of a severe storm system that is
KRON
Dec 27, 2012 8:00pm PST
that remains before our economy falls off the fiscal cliff. tonight we're learning congressional leaders will convene at the white house tomorrow for last-minute talks to avoid tax increases and spending cuts. kron 4's justine waldman has details on negotiations. >> reporter: the economy is getting very close to falling off the fiscal cliff. though a last minute plan could be in the works. on friday, congressional leaders will meet with the president to discuss the standoff. obama and congressional democrats want a deal that would let tax rates rise for the wealthiest taxpayers. many republicans remain against any tax increases. the white house meeting would be the first time the president has huddled with all four november 16. the senate is back in session. majority leader harry reid is starting to sound pesimistic. >> reid: "i have to be very honest. i don't know how it can happen now." >> reporter: the house is still on christmas break. but will meet sunday evening, a little more than 24 hours before the "fiscal cliff" arrives. but it's not clear what legislation it might consider >>
FOX
Dec 27, 2012 7:00am PST
:15 the fiscal cliff negotiations and the effort to prevent one of the largest tax increases and budget cuts in united states history. >> we are still watching the accident in napa. >> we have a lot of traffic around fifth street near downtown. the westbound lane blocked due to a two car crash. a woman was trapped inside of her car. we will take a look at the bay bridge. you can see traffic flowing nicely. 880 near the oakland coliseum we have traffic gluing well in both directions. no delays to report. in the south bay 280 at 880 split those headlines northbound traffic toward santa claire a. >> hi. we are -- taking a live look outside. showing you cloud coast mostly cloudy skies over most of the area. key headline, it's dry, we have a break in the rain for today. its been an active weather pattern over the past one to two weeks. we will look at where we stand with rain, since july 1st when the rainfall calendar starts. santa rosa over 22-inches, san jose at 7 inches, look at santa rosa. 174% of average and by tomorrow we could be tracking just a few more rain shower, nothing major but s
ABC
Dec 31, 2012 6:00am PST
the country from going over that fiscal cliff. >>> big break in mysterious murder of a south bay millionaire. >>> health care for secretary of state clinton. new d ñ this december 31st, new year's eve, the last day of 2012, we are starting out you can see in this live picture from the embarcadero looking across the bay, it is a frosty but clear and dry start just looking at that you know tv set the picture, you can probably tell the chill that is out there. thanks for joining us i'm kristen sze >>> and i'm katie marzullo in for eric thomas. we'll hand it over to mike. >>> issue out there, black ice on san pablo dam road near inspiration point may have caused accident. not only frosty conditions but the possibility of black ice this will happen again tomorrow morning coolest morning will be wednesday something to think about. here's a look at live doppler, high clouds have moved on, hitting our coldest temperatures of the morning now, that means 30s in a lot of areas around the bay to 44 in san francisco, mid to upper 40s at noon, low! 50s with a few high clouds and sunshine this afternoon,
FOX
Dec 30, 2012 6:00pm PST
. >>> the government from going over the flip, yet as the -- fiscal cliff, both republicans said they will not vote tonight. they will reconvene tomorrow morning. >> the vote on spending cuts and tax high school thaksd prevent the u.s. from going -- hike, from -- going over the fiscal cliff, still in the final hours. >> the house and senate convened for rare sunday sessions in hoping of bridging major impasses. >> conversations and discussions continue and we remain hopeful that'll get a breakthrough. >> we'll pass a minimalist bill so that we won't go over the cliff and then i think we have to go from there. >> on nbc's meet the press, president obama made a final pitch for his plan to preserve bush era tax cuts for welt healthy americans. >> a mijor sticking point continues to be -- major annual sticking point, the threshold has waiverd from $250,000 to as high as millionion dollar. the country doesn't have a tax revenue problem. t has a spending problem. john boehner issued a statement saying republicans have made every effort to make the balanced agreement that the president promised the americ
CBS
Dec 28, 2012 5:00am PST
to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> reporter: democrats want to extend the bush-era tax cuts to everyone except those americans making $250,000 or more a year. many republicans are against any tax increases. most americans just want something to be done. >> people are just tired of partisanship and they want everyone to come together. >> reporter: if lawmakers don't reach a deal by january 1, many economists are concerned it could eventually lead to another recession. i'm
ABC
Dec 24, 2012 5:00pm PST
likely we will go over the fiscal cliff following the failure of joan boehner to get higher taxes on wealthy americans. if the president and congress can't agree, government spending cuts and tax hikes will kick in automatically. market watchers feel it could push the competent back into recession. >> carolyn: instapgram has triggered a class action lawsuit. the claim was filed against facebook that owns the service. infagram that changed its terms of service. idea was abandoned after an outcry from users. lawsuit alleged they breached the contract with users in tweak that go policy. facebook has not responded to the suit. >> dan: a new requirement that forces california lawmakers to drive their own cars for legislative business is paying off. they report the state has saved $240,000, n taxpayer money since the new rule went into effect one year ago. california lawmakers were given a car paid by the state. this year that practice ended. they must drive their own cars, the savings was achieved because many legislators cut their driving habits in half. >> carolyn: big television scr
FOX
Dec 28, 2012 6:00am PST
. it's a sign of what is to come if no fiscal cliff deal is reached and automatic income tax increases and government spending cuts go into effect in four days. meanwhile the president called a top four congressional leaders to meet with them at the white house later today with the hopes they can avoid this potential crisis. and in a somewhat surprising move top republican signaled he might be willing to compromise more on that when i see you next. >>> only on 2 in the north bay search teams are using a new technology to try to find a man who jumped the court me terra creek during a police chase. anthony donaldson was swept away on monday. he jumped into the creek to avoid a drunk driving test. >> really what it is it's the difference between the televisions we had years ago and newer digital tvs we have nowadays. a much sharper, clearer picture. imagery is much more defined than it was before. >> marin county is borrowing the video ray from contra costa county. they bought it from antiterrorism funds. >>> police in vacaville are asking for the public's help in finding a 56-year-old wo
ABC
Dec 27, 2012 6:00am PST
to washington from hawaii to try to reach a deal to avoid fiscal cliff. 8president boarded air be arriving around 8:45 our time this morning. the president cut short his holiday vacation. democrats and republicansqló hae four days to reach a+%sxç deal before mandatory budget cuts and tax increases kick in on >>> netflix wants to get into the social networking game. >> new ceo of yahoo plans to make appearance at upcoming electronics show in las vegas. >>> goodÚç morning ellen. >>> good morning. the big consumer electronics of -- marissa mayer, a lot of hope she is expected to be there. she is an ing partiesanaÑ, one-on-one meetings trying -- trying to reestablish the sometimes rocky relationship that yahoo has had with 17 minutes into the trading session little change, we are seeing gains, for the dow, for the nasdaq as well as s&p. bloomberg index has been in the negative since we opened, a lot of wait and see about what is going to happen now that the president and congress are returning to washington today to deal with fukushima daiichi -- to deal with the fiscal omq= cliff issu.
ABC
Dec 27, 2012 5:00am PST
to try to reach a deal about the so-called fiscal cliff he boarded air force one overnight and will be aliveing at andrews in maryland 8:45 our time this morning he cut short his vacation, democrats and republicans have four days to reach a deal before mandatory budget cuts and tax increases kick in january 1st. >>> at least 200 teachers will get concealed weapons training in utah today, overflow crowds are expected when gun rights advocates waive usual fee for teachers. the training tolls the shooting tragedy in newtown, connecticut. gun groups believe teachers can act more quickly than law enforcement in those critical first minutes to protect children. >>> gun buy-back event in los angeles is being called a huge success, you can see why. people in their cars lined up for miles yesterday to turn in their firearms. event is held once a year and takes place in the spring, the mayor moved it up to take advantage of the outrage over the connecticut school massacre, the city gave away up to $200 in grocery gift cards. >>> lance armstrong has until today to appeal the ban impos
CBS
Dec 28, 2012 4:30am PST
, they are waiting to see what's going to happen with the "fiscal cliff." >> reporter: and hope is fading that congress can get a deal done before tax hikes and spending cuts kick in january 1. >> i am not optimistic. >> reporter: even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> reporter: president obama has invited nancy pelosi, john boehner, mitch mcconnell and harry reid to the white house this afternoon for a "fiscal cliff" summit. >> here we are five days from the new year, and we might finally start talking. >> reporter: today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chambers of congress. >> i don't know time-wise how it can happen now. >> reporter: under senate rules the only way a bill could make its way through the procedure hurdles in time is if every senator agrees not to slow the progress. the house will be back here sunday night giving them just more than 24 hours to vote on any bill the senate works out. outs
ABC
Dec 26, 2012 5:00pm PST
fiscal cliff. there are five days remaining before hikes are scheduled to take affect. senate due back in session tomorrow nork indication of new proposals on the table. no word of negotiations sessions being scheduled, either. >> still ahead here at 5:00 a controversial battle that shut down a popular recycling center comes to an end. looming deadline for a 30-year-old institution. >> and a bed bug outbreak in the east bay. unique boot camp officials hope will use to squash a growing problem. >> a warning about hidden fees on gift cards that may whittle away the value. did you get one? want to see that report. the news continues in one minute. >>> a san francisco recycling center is scheduled to be closed this weekend. the neighborhood counsel's recycling center has been fighting falls for city hall to be shut down since 1996. the city says this operation has been attracting the homeless. saying they're hoping to turn it into a community garden. the center says collection day will be on december 30th. >> the city of los angeles holding a gun buy back today to take advantage of the out
FOX
Dec 24, 2012 7:00am PST
from the fiscal cliff. talks to try to prevent automatic tax hikes and spending cuts won't resume until thursday. andrew spencer has the very latest. >> reporter: some republican lawmakers says president obama wants the country to fall off the fiscal cliff. >> we were gonna go over the cliff before. we are gonna now because that's what the president wants. >> reporter: house speaker john boehner failed to get enough vote for his plan b on thursday. that would have raised taxes on people making more than a million dollars a year. on friday, they left town with no deal. >> i've asked leaders of congress to work toward a package that prevent as tax hike on middle-class americans, protects unemployment insurance for 2 million americans and lays the groundwork for further work on both growth and deficit reduction. >> raising taxes could still be red ink as far as i can see and it would hurt jobs. >> reporter: some long-time lawmakers are dismayed by the perpetual gridlock. >> i feel it's more likely we'll go over the cliff than not and if we allow that to happen, it will be the most colossal
CBS
Dec 30, 2012 11:00pm PST
without a deal. hours before the nation is set to fall off the fiscal cliff. >> there are are still significant differences between the two sides, tpheg orbiations continue. >>> if respects and temaccurates can not strike a deal before midnight monday taxes will go up for almost every american. automatic spending cuts will kick in and millions will lose unemployment benefits. >> i want everyone to know i am willing to get had this done. i need a dance partner. >>> republicans introduced a proposal by slowing the growth of social security. senators say there is movement as both sides try to compromise about which americans should start paying a higher tax rate. >> this is a lot of give and take going on right now. but republicans don't want to see new revenues, in other words democrat tax increases being used for new spending. >> in an unusual move republicans here on capitol hill called on the nation's number 2 democrat, biden, to help with the negotiations, this has at white house places a lot of the blame on the g.o.p. >> they say their biggest prierity is making sure we deal with
FOX
Dec 31, 2012 7:00am PST
're less than 13 hours away from going over that fiscal cliff when taxes automatically go up and government spending cuts take effect. as ktvu's kyla campbell reports from our washington, d.c. newsroom, the sticking point is still who's gonna pay more taxes? kyle this. >> reporter: we just heard from senate majority leader harry reid. he said discussions don't this hour and the single most important goal remains to protect the middles can. hitch mock connell and vice president joe biden picked up negotiations again this northerning after talking yesterday -- morning after talk as yesterday. democrats want to raise taxes on householding making $450,000. republicans are hoeing out at $550,000. without a deal, income taxes will go up on all americans tomorrow. some lawmakers expect a short- term deal to keep that from happening but they are running out of that time to get it done. >> any time you are putting a deal together, it's always the details that will give you. you have to get the details done. there is a lot of backroom operation going on right now, making sure all of the i-s get dotte
KRON
Dec 28, 2012 5:00pm PST
the hour for immediate action is here" to avoid the fiscal cliff. if there's no deal by midnight december 31st. there will be automatic tax increases and spending cuts. we'll have more from our political analyst in a minute - but first. kron 4's justine waldman is back with more on our developing story. >> reporter: after meeting with bi-partisan leaders friday, the president said no one will get 100-percent of what they want. he said if congress can't reach a deal. congress should allow a vote on a basic package that would preserve tax cuts for middle-class americans, >> i am optimistic that we can still pass a deal in both houses in time, mitch mcconnell, and harry reid are working on an agreement as we speak >> i have my confidence destroyed on other occasions and so i hope it is not on this occasion the timing, we have to do it now that is what the next 24 hours will be very important. >> we had a good meeting in the white house we are engaged in discussions with the majority, the leader and myself in hopes that we can come forward as early as sunday and have a recommendation that i c
KRON
Dec 31, 2012 7:00am PST
they must know, " a major setback. >> as well marked makers or on avoiding the fiscal cliff. talks get " a major setback over social security benefits. both sides agree to push for. >> i wonder want to know i want to get this done. i need a dance partner. >> vice president joe biden is apparently that person for which mcconnell. >> the two are taking over talks. if nothing is resolved by midnight tonight. tax breaks for all americans will increase. democrats say it will mean about $2,000 for the average middle class family. >> a michigan woman said to me that is a month worth of groceries. also gets up to three years transportation to and from work. >> democrats want taxes to increase for americans earning over to london $50,000. republicans want texas a the same period >> republicans want taxes to stay the same period >> i offered over a trillion dollars in additional spending cuts so that we would have $2 of spending cuts for every $1 of increased revenue. >> the senate reconvenes at 11:00 a.m. so as americans celebrate the beginning of 2013 they may wake up wishing it was 2012 when
KRON
Dec 29, 2012 7:00am PST
about the fiscal cliff. they say sales rose 0.7% this holiday season compared to a 2% increase leisure. >> netflix's c. ito reed hastings pay with the double to $4 million next year, after he took a pay cut due to the management missteps and this year. hastings pay will include $2 million in stock options. controversy will decisions, including a steep price hikes on subscriptions, said the stock spiraling down and 2011. hastings pay was cut shortly thereafter. >> making interstate phone calls could soon get cheaper. this is for prison inmates. prison calling systems are different and normal pay phones. a typical 50 minute conversation, and because an average of $16. and new york, where fees are banned, rates can go as low as 5¢ a minute. but in places like colorado, and rates it charged more than 96 admitted. the fcc is planning to open up public comment and reduce rates nationwide. >> we will be right back. >> let's take a live look outside at our nation's capital. it this is that washington d.c.. the snow is falling there. now back in our local weather. >> snow levels are dropping d
KRON
Dec 26, 2012 5:00pm PST
take a stand on the looming fiscal cliff. c-e-o howard schultz is asking workers at its 120 d-c-area stores to write "come together" on the coffee cups they serve on thursday and friday. he says it's a way to quote: "send our elected officials a respectful but potent message, urging them to come together to find common ground." both sides are due back by thursday and have vowed to make a final attempt. starbucks notes workers are not required to write the message on cups. >> 49ers sunday at candlestick with a chance to clinch the division title kron four's jason appelbaum joins me now with more. .jason the team's a little banged up right? >> manning's am >> vernon davis, manning >> . >> and justin smith at this kind of the big one, butthe injuries shouldn't be a problem sunday with an arizona team in town that has lost 9 of it's last 10 games coach jim harbaugh's team a two-touchdown favorite to beat the cardinals.which as vicki mentioned would lock up the nfc west title - and assure the niners of a home game in the first round of the playoffs.of course a win coupled with a p
CBS
Dec 28, 2012 7:00am PST
decline and businesses not hire as a result of the uncertainty around the fiscal cliff, but there's another impact here and people could even see it on their dinner plate. >> definitely. we're seeing a lot of consumer impact from this, just because of the large budget cuts expected to go through, if we do in fact go off the cliff and of course, there's a lot of variation here it's up to each individual agency to decide how it's going to cut but when we talk to people in the industry they just have a lot of the worst case scenarios almost that could come to play that really do affect consumers. >> there's the farm bill on the edge here as well which could significantly impact milk prices. they're talking about the potential of milk doubling in price, if nothing is done? >> that is certainly one impact that could be felt here. milk prices meat prices as another side effect here because there are federal inspectors that are required to be on hand to process meat and if we have fewer inspectors or they have their hours, might have to curtail some of the proce
FOX
Dec 29, 2012 7:00am PST
-called fiscal cliff is a verted they will reimburse workers. they are advicing workers to watch their deductions. >>> not only could the new year bring higher taxes and spending cuts,y gross which bill could also skyrocket. the so-called dairy cliff. why milk prices could double. >>> and why lawmakers trying to work out a deal they are dealing a big snowstorm on the east coast. want to give you a live look at the snow falling in front of the united states capitol. you can see it's a little bit hazy. washington is expecting one to two -- one to three inches of snow rather. that is likely to mix with rain and farther north boston could see up to six inches of snow thisw. >> gay couples are now allowed to marry in the state of maine. this is video of the first couple to wednesday in portland maine. they couldn't wait to tie the knot. they exchanged views just after midnight. >> we finally feel equal and happy to live in maine. >> it's official now. after nine years it's all good. >> voters in maine approved in nova long with voters in washington state as well as maryland. gay marriage ceremonie
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